Smart Agency Masterclass with Jason Swenk: Podcast for Digital Marketing Agencies

Smart Agency Masterclass with Jason Swenk: Podcast for Digital Marketing Agencies

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Smart Agency Masterclass with Jason Swenk: Podcast for Digital Marketing Agencies episodes

  • How to Get Your First Few Digital Agency Clients

    Are you still struggling to score the first few agency clients? Or maybe you've scored them, but now you feel like you're stuck handling them and not growing. Making it past those first few agency road bumps is difficult. And finding your first clients and figuring out how to use them to springboard your growth is the biggest initial road bump. But finding those clients doesn't have to be a nightmare. You just have to get a little creative. He's on the show to talk about a cool strategy for landing the first five clients and how his agency took off from there.

    In today's episode, we'll cover:

    • Why sometimes even the best agency team members quit.
    • How to score your first few clients.
    • #1 thing to do after you secure your first digital agency clients.

    Today, I talked with Benjamin Arabov, Founder and CEO of Pure Digital — an agency specializing in PPC, ad design, and influencers. Benjamin is passionate, hardworking, and above all, dedicated. When his brother told him about an agency internship while he was in college, he pounced on the opportunity. From there, he moved into full-time while taking night classes.

    Why Sometimes Even the Best Agency Team Members Quit

    Keeping your agency employees can be the hardest part of your initial growth. Replacing team members isn't cheap. In the past, I've talked about how you can dominate employee retention using a variety of methods like profit-sharing and killer training processes.

    But here's the thing. Even if you give your team members big chunks of cash, it doesn't mean that they're all going to stay. There's no way to prevent employees from leaving. Some people just want out. And I'm not talking about those poor performers you should be firing already. I'm talking about some of your best workers. They may want out.

    In Benjamin's case, he was crushing it at his first agency job, but he wanted more. Born from a long line of entrepreneurs he decided to chase his own dream and create his startup agency. You should be prepared to lose anyone. And you should have a backup plan in case your most valuable employees up-and-leave.

    How to Score The First Few Agency Clients

    The hardest clients you'll ever land are your first ones. You need incoming cash to fuel agency growth. You may have clients in mind. But you don't have past client results to show off and win them over. Why should they even look your way? Benjamin says his agency's early growth was largely due to referrals and a super successful email campaign.

    If you want to grow early, you have to get scrappy. You need to flex some of those creative muscles. Back in 2015, Benjamin sent out an email campaign offering a performance review (audit), that scored him 5 BIG clients. Let's be honest — that may not work in 2019. Audits have been done to death. But you can identify your own Foot in the Door offer and create a winning email campaign surrounding it.

    #1 Thing to Do After You Secure Your First Agency Clients

    When you finally figure out that magic formula to get a few initial clients (call in some favors if you have to!), you need to do something ASAP. You need to hire some people. You don't want to be the person making all the creatives for this account.

    Why?

    Because you'll get stuck and unable to scale your agency to the next level. When you spend all your time on those first few clients you put yourself in a prison and you're chained to client work. But when you hire creatives or project managers, you are free to work on business development. You want to scale. We all have different agency goals. You probably want more than just those first few clients. And you need people to make that happen.

    What role should you hire first? The role you're worst at! Eventually, you want to move away from creatives unless you have an agency partner who can handle the business side.

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    16 min
  • How to Create an Agency Business Plan That Works

    Are you thinking of starting an agency, but are not sure where to start? Do you have a business model but are struggling to find your core values? In today's market, starting a digital agency can be an exciting and prosperous opportunity. Knowing your brand's message and how to share it with others is the key to standing out and not be another "me too" agency.

    In today's episode, we'll cover:

    • How to find and retain agency employees.
    • #1 key to creating an agency business plan.
    • How to find your agency's true north.

    Today, I got the opportunity to sit down with Jonathan Peischl, co-owner of SPLICE Agency. Jonathan started his career as a medical writer, but quickly realized he was destined for the digital ad agency world. After a couple of moves (and a major move across the United States), Jonathan and his business partners realized the companies they were working for were missing a few key components necessary for the industry to survive. Together, the four men created a business plan that has transformed SPLICE from a four-man operation to a company of over 30 employees in just three years. Find out Jonathan's keys to success here.

    How to Find and Retain Agency Employees

    When you are creating a business, your employees are going to be one of the key components of your businesses' success. It doesn't matter how great you are at everything else, if your employees are constantly jumping ship for the next bright and shiny opportunity, your agency is going to sink, fast. So how do you make your employees want to work with you?

    It begins with culture. Promote a culture you want to live by. Jonathan says he wants his employees to have time to pursue their passions. Whether this means letting your employees work from home or leave early to pick up their kids, show your employees that you value their creative input, as well as their lives outside of the business. Really live by this culture. Don't just put it on a whiteboard and be done with it. Creating culture employees want to work in requires care and feeding every day. It begins with great leadership promoting your company's values.

    #1 Key to Creating an Agency Business Plan

    The thing about digital agencies is many begin without a solid business plan in place. They start the business and then five years later create a business plan. If you are going into a startup trying to create a business plan from scratch, you want a plan that sets you up for success. The number one way to do this is to develop a plan that works well for both your clients and your team. Once you have your philosophy, you surround it with a set of core values for which you want your company to stand by. When you balance your vision of what you what for your business with what you provide your clients, you will always be able to find your true north.

    How to Find Your Agency's True North

    Your true north is where you want your business to grow — where your vision should be focused every day. But how do you find your true north? How do you know what direction is the right direction? It all begins with soul searching.

    1. Cleanse yourself from the processes of past employers: It's so easy to get caught up in values and ideas from previous companies and leaders. To find your true north, you need to really sit down and think about what's important to you.
    2. Find what makes you stand out from your competitors: You won't always be able to compete on price or cash flow, so it's important that your values and offerings stand out from the crowd. What can you provide that no one else can? How can you position yourself beyond just a commodity?
    3. Gut check yourself: You don't want to come up with a vision or idea that is so lofty that nobody can pull it off. That's a way to set yourself up for failure. You have to keep your feet on the ground to some degree.

    Your true north and guiding values will be a key to your success as an agency. If you can't provide a product or service you are proud of and work for a company you enjoy working for, you're never going to find true success. When you begin with a solid vision and business plan, the opportunity to grow bigger and better will always exist.

    26 min
  • How to Step-Up Your Agency's PR Game and Generate More Leads

    Do you want to get free exposure from podcasts, influencer videos, and TV stations? Want to generate leads at no cost? Are you ready to start building your personal brand? Growing a digital agency is all about attention. You want to get in as many people's faces as possible. And you want them to think of you as an authority figure while they're watching. To do that, you need to step up your PR game.

    • How to create a killer agency PR pitch.
    • #1 branding mistake your digital agency is making.
    • Why you need to be the face of your agency.
    • 3 ways to up your content game.

    Today, I talked with Christina Nicholson, founder of Media Maven — a media relations and PR agency. Christina worked as a reporter and TV anchor for over 10 years before she decided to "transition to the other side" (a.k.a, she jumped ship and created her own PR agency.) Today, Christina has a team of 7 people, and she pumps out an incredible amount of content ranging from podcasts to blog posts and YouTube videos. She's one of those agency owners than transcends their digital agency. And she didn't get there by accident.

    How to Create a Killer PR Pitch

    Whether you want to get on the news, on an influencer's YouTube channel, or on a podcast, you need a public relations pitch. Drop those old-school press releases in the trash can and draw up 6 or 7 sentences answering the following questions:

    • What do you have to say?
    • Why should anyone listen?
    • What can you give the audience?
    • Why is it relevant?
    • Why is it important?

    Try to make it topical. You may own a trash pickup service, but if you have some killer advice that is relevant to digital agency owners, you better believe I'll have you on my podcast. It's all about positioning. How can you take your experience, product, or service and apply them to a specific situation?

    Look, if that trash pickup service owner tells me he understands how to sell his services to people, I'm not going to have him on the podcast. It just doesn't resonate with my audience (that's you!). But if he tells me he has tips on how to win clients with amazing on-the-spot pitches, regardless of the target audience, then he's in! It may be the same information, but positioning, phrasing, and application of that information are totally different.

    #1 Branding Mistake Your Digital Agency is Making

    Most agency owners spend a ton of time branding. But are you branding... YOU? Personal branding is massive in today's agency ecosystem. People like Gary Vee, Neil Patel, and Seth Godin have become more than their agency. They've become full-blown brands. And that's what your clients expect.

    Christina says you have to practice what you preach. You have to have the authority, social proof, and credibility to get clients to trust you and your agency. People want to work with people, not nameless agencies.

    How do you self brand?

    Treat yourself as a client. Take time out of your busy schedule to brand yourself. Start a podcast, pump out some videos, or start making incredible blog posts.

    Having a personal brand breeds trust with clients and your team. Leverage your talents and make an identity for yourself. What happens when you Google your name? Does your bland LinkedIn profile popup? If so, you've got some work to do!

    Why You Need To Be the Face of Your Agency

    Once you start mastering personal branding, people are going to turn to you first. When prospects look at your agency, they're going to have you in mind. So what happens when every client starts asking to work with you directly? It's just not possible! You need to be the face of your agency. But you should never be the voice.

    Let clients know you have an incredible team to help them. And, your team is their touchpoint. Also, let them know you take a personal interest in every account. You get the emails forwarded to you, and you're working on the backend to make stuff happen. But you simply can't be there to field their questions or touch base with them. Set those expectations early. Honestly, your clients will be ok with it.

    The best example of this is Gary Vaynerchuk and VaynerMedia. Gary Vee isn't going to personally oversee your account. He is the face of the agency and his clients know they aren't going to work directly with him. Your clients secretly know that too. Just make sure you set those expectations early.

    3 Ways to Up Your Content Game

    Christina says you need tons of content in order to build your personal brand. But putting out tons of content is time-consuming, expensive, and difficult, right? So how do you do it?

    1. Use other people's content. You don't have to create and share your own content. When Christina knows this podcast is live, you better believe she's going to share it on social media. Why? Because it brands her! It's ok to share other people's content. It's even better if you were involved. This goes back to PR pitches. If you can get on those podcasts and social channels, you can share that content to brand yourself.
    2. Recycle your content. It's not a sin to share the same piece of content 2, 3, or 20 times. We're in a content-stuffed world. Think about how many pieces of content pop up on your social feeds and how many YouTube videos get recommended to you every day. Your audience is going to miss some of your content. So, as long as it's still relevant, share it again! And keep sharing the same content year-after-year. You may have new people in your audience, or you may have people who missed it the first time around.
    3. Multiply your content. Did you create your first YouTube video? Sweet! You have 4 pieces of content now. How? You can multiply the content to make... more content. Check it out. With one long-form video, you can:
      • slice up a few promos from the video to share on Instagram and LinkedIn.
      • embed the long-form video on your site.
      • upload the long-form video to Facebook and IGTV.
      • create a blog post from the video.

    You can stretch your content creation efforts by creating multiple pieces of content at once. Do more with less!

    Would You Like More Leads for Your Agency?

    If you want to get more leads with an 80% open rate and 25% click-through rate, you need to check out ManyChat. Engage prospects and build relationships with simple personalized experiences using the #1 bot platform for Facebook Messenger.

    I've been using ManyChat for 3 years for connecting with prospects and converting leads. ManyChat bots are ideal for marketing, e-commerce, and support; making it easy to have automated conversations with prospects and customers. To connect with the 1.3 billion daily Facebook Messenger users, head to ManyChat.com and enter code: SwenkPro for a free one-month trial.

    21 min
  • 5 Characteristics of the Most Successful Agency Owners

    Is it just me or can agency life really suck sometimes? Ever wish you could just hit the reset button? Or get a do-over? It's like we're always working for our clients, improving their business, and adopting their purpose instead of having our own. In turn, we struggle to grow our agency business because can't see the forest for the trees. It happens to all of us from time to time. But a turnaround might be easier than you think.

    In this episode, we'll cover:

    • How can your digital agency inspire happiness?
    • 5 things your agency can do to be more successful.

    This is a banner episode for me, guys. It's my first three-peat guest, Jeff Hilimire. That's right, he's been on the show twice before talking about agency growth strategies and mistakes to avoid. He founded and sold his first agency and is now in his sixth year as founder of his agency, Dragon Army. He has also founded a web development non-profit called 48 in 48 and sits on the board for a variety of other 501(c)(3)'s.

    Jeff has been in the industry for over 20 years and he's seen it all. In fact, that's exactly why he literally wrote the book on how entrepreneurs can change their mindset in order to get out of their own way and turnaround their business.

    How Can Your Digital Agency Inspire Happiness?

    Jeff founded Dragon Army in 2013 as a gaming startup, after selling his first agency. After one year of chasing success in the game realm, Jeff says he realized his agency did not have a purpose. Jeff's revelation: agencies are always working for other people and adapting their clients' purposes. At that moment, he decided to develop a purpose and pivot his agency to carry it out.

    Today, Dragon Army focuses on web, mobile, and brand marketing. Their purpose is to inspire happiness with positive relationships. I know what you're thinking… how in the heck?! But it's actually really basic. Jeff says they execute this in two ways: creating impactful work and doing good. And what's even more basic -- they start internally with inspiring happiness among the team.

    Think about it this way. When you create a desireable agency culture and actually live your core values, you end up inspiring your team. That inspiration flows over into their work -- and everyone wins.

    This purpose-driven business model has won Dragon Army clients like Coca-Cola, Lyft, and Chick-Fil-A, to name a few.

    Jeff's advice to all agency owners is to consider how you can inspire happiness in a way that has a profound effect on your team.

    5 Things Your Agency Can Do To Hit the Reset Button

    In such a competitive space, it's natural for agency owners to be constantly focused on the bottom line. But, Jeff says that is exactly what's causing agencies to bottom-out. Reflecting on his 20+ years of experience as an entrepreneur and agency leader, Jeff considered 5 lessons or core principles that can help other businesses change their mindset and create transformative growth.

    In The Five-Day Turnaround, Jeff authored a narrative about a business who adopts these 5 principles to turn around their business amid five client meetings:

    1. Adopt a do or die mindset. A lot of businesses get complacent and lose this "do or die mentality." But when there's no Plan B, you're forced to solve problems or find a fix.
    2. Find your purpose, vision, tenents, and values. While successful already agencies employ this, it's important that teams actually do too. Consider your team as your startup and develop team purpose, vision, tenents, and values.
    3. Get the right people on the bus. Understanding and defining how to get the right people working with you and building trust among the team.
    4. Move at the speed of a startup. Embracing the MVP "minimum viable product" and learning to take action without hesitation.
    5. Reward failure. Try new things, embrace failure, and celebrate losses. Get over the threat of "messing up."
    Would You Like More Leads for Your Agency?

    If you want to get more leads with an 80% open rate and 25% click-through rate, you need to check out ManyChat. Engage prospects and build relationships with simple personalized experiences using the #1 bot platform for Facebook Messenger.

    I've been using ManyChat for 3 years for connecting with prospects and converting leads. ManyChat bots are ideal for marketing, e-commerce, and support; making it easy to have automated conversations with prospects and customers. To connect with the 1.3 billion daily Facebook Messenger users, head to ManyChat.com and enter code: SwenkPro for a free one-month trial.

    25 min
  • How to Quickly Grow Your Agency Beyond 6-Figures

    Not sure when you should add to your agency team? Wonder who the first hire should be, and when? Growing an agency can be difficult and lonely. But when you have the right kind of support, the right people, and identify the right clients you'll grow leaps and bounds.

    In today's episode, we'll cover:

    • How to know it's time to add to your agency team.
    • #1 thing to grow your agency beyond 6-figures.

    On this week's podcast, we are hearing from Drew Schulthess, owner of Catchfire Creative. Drew's agency has been working in the consumer packaged goods and lifestyle brands space since 2011. He's on the show today talking about the steps he took to get over to the million-mark and beyond in revenue.

    How to Know It's Time to Add to Your Agency Team

    Drew's first hire was a mere four months into starting his agency. That's super quick, right? He said that at the time, a resume came across his desk that was just good to pass up. The person was multi-faceted and seemed to have experience in many different areas that Drew wanted to grow. So even though it was a stretch on the budget, he took the leap to bring the person on board… and eight years later, he's still with the agency!

    Of course, Drew says his first hire has been amazing and able to adapt and evolve as the agency changes and grows.

    Here's the thing about hiring. When you're just starting out, you might feel like you need to "sell" the agency to the candidate and convince them to want to work with you. (I remember thinking, "why would someone want to do this with me?") But remember -- it's supposed to be the other way around, of course! Make the candidate sell themselves to you. And hire for culture fit first, over skillset.

    #1 Thing to Grow Your Agency Beyond 6-Figures

    Here's why I really dig Drew… he listens to me :) Drew credits a nugget of advice he picked up in one of my videos about setting prospect qualification criteria. He says taking the time to do that made the difference for his agency and helped them sky-rocket to the million mark and beyond.

    Once you have a framework for who your ideal clients are, you can stop saying yes to everything. (Like you can quit taking on the clients with unreasonable deadlines and outrageous requests, like this one.) It might seem counterintuitive to turn down work, but when you start saying no to the wrong work, it frees you up to only saying yes to the right stuff.

    Drew says that creating the criteria and actually putting it on paper was an important exercise for his agency. It gave him the clarity he had been missing and was the turning point in the agency's growth.

    Related: https://jasonswenk.com/nbat/

    Would You Like More Leads for Your Agency?

    If you want to get more leads with an 80% open rate and 25% click-through rate, you need to check out ManyChat. Engage prospects and build relationships with simple personalized experiences using the #1 bot platform for Facebook Messenger.

    I've been using ManyChat for 3 years for connecting with prospects and converting leads. ManyChat bots are ideal for marketing, e-commerce, and support; making it easy to have automated conversations with prospects and customers. To connect with the 1.3 billion daily Facebook Messenger users, head to ManyChat.com and enter code: SwenkPro for a free one-month trial.

    23 min
  • How Digital Agencies & Their Clients Can Convert More Leads

    Is your agency struggling to convert leads? Are you looking for a new service that can deliver more leads to your clients? It's all about delivering personalized attention. And, everyone's attention is currently on Facebook Messenger. Your agency and your clients can convert more leads when you connect and engage in the right place at the right time. With billions of users and plenty of engagement, Facebook Messenger is one of the best ways to get in front of your prospects.

    In today's episode, we'll cover:

    • Why your digital agency should be using Facebook Messenger.
    • How to use a bot to vet agency clients.
    • #1 way to convert more leads with Facebook Messenger.

    Today, I talked with Mike Yan, Co-founder of ManyChat.com — a chat marketing automation company. Mike's journey to Manychat was simple. He identified a gap in the market, saw an opportunity, and pounced on it. Facebook Messenger is one of the highest converting marketing tools on the planet right now. And being able to automate workflows in Messenger is a no-brainer. Here's how Mike's tool is helping agencies create some seriously cool campaigns.

    Why Your Digital Agency Should Be Using Facebook Messenger

    Want some kick-you-in-the-pants statistic to get you going? Facebook Messenger's open rates are around 80%. CTRs climb as high as 60%. And it has billions of users.

    If your agency hasn't jumped on the Messenger bandwagon yet, you should. You're sitting on a pile of gold. Just look down. And being an early adopter of a tool like Manychat in order to automate your Messenger conversations is going to help you dominate down the road.

    Because here's the thing — your agency needs automation to win clients. You can have a team of salespeople that could sell ice in Alaska and an ops team with a bottle of growth serum. But if you can't actually reach your clients — you're going to run into a brick wall. Automation is the secret to reaching your ideal clients at scale.

    How to Use Bots to Vet Agency Clients

    I'm a huge fan of chatbots. I use a slick Don Draper bot to vet agency owners. And, I've talked a ton about the value of chatbots across digital channels. But when it comes to Messenger, you NEED to have a bot. After you've drawn up an incredible buyer's journey and target audience, you need to figure out which leads are high-value and which aren't. The key to effectively using a chatbot is to limit it to STARTING a conversation. It's not intended to BUILD a relationship. Use a bot to filter or categorize prospects but you need a human to continue the relationship... and that is what will set you apart from other automated agencies

    With chatbots, you can run prospects through the gambit without having to lift a finger. Your chatbot can determine if they're just tire kickers or serious prospects. If they're in the former category, you can add them to your list and hit them with your barrage of top-funnel strategies without wasting real resources. But if they're in the latter category, you can instantly connect them to a real person and leverage your salespeople.

    #1 Way to Convert with Facebook Messenger

    What's the #1 problem with bots? People know they're bots! Stop thinking about chatbots as salespeople and start thinking about them as a digital concierge. Once prospects reveal their intentions, you can send the high-intent ones personalized video or audio messages.

    This works doubly well if it comes from you instead of your team. This way your prospect goes from talking to a chatbot to getting a one-of-a-kind messaging from the person in charge. That switch from automation to personalization can help you win big by distinguishing your agency from the rest who are bot-ifying everything!

    In a world that is fully automated, set your agency apart with custom and personal contact.

    20 min
  • What Is VaynerX's Secret Agency Growth Formula? With James Orsini

    Want a peek into Gary Vaynerchuk's and VaynerX's agency growth strategy? What can you learn about agency structure and growth from VaynerMedia? What does it take to become a "visionary" like Gary Vee? Great questions! And the President of The Sasha Group (a VaynerX agency) is here to share all this and more. Check out how you can apply some very Gary principles to your digital agency.

    In today's episode, we'll cover:

    • What does an agency COO do?
    • 3 things that make a good agency visionary.
    • 4 ways to create a successful offshoot agency.
    • The biggest piece of marketing advice from The Sasha Group president.

    Today, I talked with James Orsini, the President of The Sasha Group — an agency under the VaynerX banner that services $1 million and $100 million companies. James was also the former COO of VaynerMedia — and he's responsible for helping align and execute on Gary Vaynerchuck's visions. So, how did James go from COO of VaynerMedia to President of The Sasha Group? And how does The Sasha Group help VaynerMedia funnel smaller clients into their agency? Let's find out!

    What Does an Agency COO Do?

    James was the COO of VaynerMedia before he took on the President position at The Sasha Group. Why is it important to have a COO and what role do they play within the agency?

    The Agency COO helps facilitate responsibilities and set strategies.

    James explains it like this:

    Gary sets the vision. James sets the strategy. And the senior leadership executes that vision using those strategies to create tangible results.

    Every agency does the Tango with those three primary pillars (i.e., vision, strategy, and execution.) But it can be tough to do all of it alone. Typically, the visionary type isn't the best strategy person. And that strategy person may or may not be good at execution. You don't want one person trying to do all three things.

    And that's a major problem for some agency owners. We love to do everything. Not only do you not have to set strategies and execute those strategies, you probably shouldn't. Hire for your weaknesses, and hire an A-team that can help facilitate your visions.

    3 Things That Make a Good Agency Visionary

    We all know Gary Vee is a visionary. He's in the all-star category with Seth Godin, Rand Fishkin, Neil Patel, and all of the other marketers who are the brand of their agency. Gary has an insanely popular YouTube channel, tons of clout in the industry, and a massive agency to back it up.

    But what makes someone a good visionary? Is it an inherent trait? Or something you can learn?

    Is it when their image transcends their agency? Is it their ability to lead, inspire, and innovate broadly? Or maybe visionaries are freak occurrences that just happen. Maybe it's just in their DNA. Maybe we're born visionaries...

    I believe anyone can be a visionary. You just have to focus on three things:

    1. The Big Picture: You can't get emotionally attached to projects, and you can't sweat the small technical details. Visionaries see and communicate the big picture and trust their team to carry it out.
    2. Leadership: Gary calls himself the "moldable dictator." He's the main man but he's also willing to pivot ideas and adjust plays when necessary. Hold the reigns to your agency. But be willing to listen to the ideas of those smart people you've hired.
    3. Find the Attention: Find what the people want — not what you want them to want. Gary Vee understands consumer attention is focused on social platforms. So, he is present on all social platforms and he started a social media agency. Steve Jobs understood what people wanted (i.e., gorgeous devices that are simple and contained.) So, he focused on well-designed devices that existed in a closed-source ecosystem. Focus on what the marketplace wants and demands.
    4 Ways to Create a Successful Offshoot Agency

    When your agency starts to grow, you have to start saying no. But, every time you say it, a little piece of you dies inside. After all, someone is sitting cash on the table in front of you, but you have to tell them no because you'retrying to stay focused on the right projects and clients to grow your agency.

    So, why not make an offshoot agency? Whether is SaaS or a complementary service, your smaller agency can handle some of the smaller clients, and you get to keep the revenue. It's a win-win... right? Maybe. But here's the problem — offshoot agencies have a bad habit of failing.

    But The Sasha Group is far from failing. And, with their mission statement of "we'll help you outgrow us into VaynerMedia," they're setting the stage for Vayner to funnel small businesses to them. So what makes them different?

    1. They don't use main agency resources: You can't use the same resources for your offshoot agency as you do for your main one. Why wouldn't they just go to your main agency at that point? They need to be separate entities with different day-to-day leadership and execution teams.
    2. They don't just take "low budget" clients: James says big clients with small budgets aren't "small budget," they're cheap. The Sasha Group only takes small businesses with revenue between $1 million and $100 million. That's it! And they vet each one first. You need to carefully define your ideal client before you launch your offshoot.
    3. They lean in as a consultant first: The Sasha Group's main goal is to scale businesses and be a feeder for VaynerMedia. So, they always start by being consultants first and creatives later.
    4. They bring an A team to small businesses: When small businesses look for agencies, they usually have to deal with small agencies and B-team offshoots. If you line your offshoot with A-level talent, you'll already be a step ahead.
    A Golden Nugget On Agency Growth

    What does the President of The Sasha Group say is the most important piece of advice for new agency owners?

    Great marketing can't sell a shit product.

    We've talked about saying no to clients due to their aggressive requirements, low budgets, or overbearing needs before. But what about when their product just... sucks? Here's the thing — if you don't believe in their product, how in the world are you going to effectively market it?

    An agency's success is measured by specific KPI's. You can create the best marketing ever, but if the product sucks, no one is going to buy it and your work will be measured accordingly. And, at the end of the day, that's going to reflect on your agency.

    Would You Like More Leads for Your Agency?

    If you want to get more leads with an 80% open rate and 25% click-through rate, you need to check out ManyChat. Engage prospects and build relationships with simple personalized experiences using the #1 bot platform for Facebook Messenger.

    I've been using ManyChat for 3 years for connecting with prospects and converting leads. ManyChat bots are ideal for marketing, e-commerce, and support; making it easy to have automated conversations with prospects and customers. To connect with the 1.3 billion daily Facebook Messenger users, head to ManyChat.com and enter code: SwenkPro for a free one-month trial.

    31 min
  • Focus on Scaling or Clients in Order to Grow Your Agency? With Jordan Scheltgen

    How much time should you spend on client work vs. actually growing your agency? Figuring out how to grow early isn't easy. You're not sure where to start and what to focus on. Chances are, you're spending too much time on client work and way too much time trying to land the next big contract. But is it worth it?

    In today's episode, we'll cover:

    • #1 way to grow your agency fast.
    • 3 ways to determine your agency's niche.
    • Why you might need to say no to big projects.
    • Should you spend time on neutral tasks?

    Today, I talked with Jordan Scheltgen, co-founder of Cave Social — a social media agency based out of Canada. Jordan has been hustling for brands before he was self-aware of it. His pre-agency blog, CaveMag, had a story about having season tickets to Florida Panthers games. It blew up and went viral, with tons of social shares and exposure. And he quickly realized he could do this... for money! Since then, his agency has rocketed to three locations already! So how did he grow so fast, and what did he focus on first?

    #1 Way to Grow Your Agency Fast

    You have to niche! Seriously! If I sound repetitive, it's because it's super important. Niching separates you from the pack and keeps the lights on. But Jordan's agency didn't just niche to find more clients. They niched to create repeatable processes, which is another benefit of niching down.

    Let's say your agency niches into plumbing. Are plumbers in LA really that different from plumbers in Nebraska? No - not at all. So, this gives you the ability to create a process you can use again and again for clients, in order to grow rapidly and become an authority. When you niche, you become an authority in a specific market. You can speak their language and get really familiar with their common challenges and pain points. When prospects realize you "get" them, it makes them want to work you with.

    But what if you can't figure out what your niche should be?

    3 Ways to Determine Your Agency's Niche

    If you want to find the perfect niche for your agency, you need to answer these three questions.

    1. What am I passionate about?
    2. What do I have knowledge about?
    3. What's a problem I can solve?

    If you can find a niche that answers all three questions, you're golden. But even if you can only answer one or two questions, that's fine! You can become passionate. You can gain knowledge. And you can always find a problem to solve. But having at least one of those questions answered can help your agency focus on a niche (either vertical or horizontal -- or both) that will help you grow faster.

    Why You Might Need to Say No to Big Projects

    Turning down a massive deal is really difficult. So most of end up saying yes, and then live to regret it. But don't be fooled by the numbers — figure out if it's actually worth the money. For example, you may get offered a one-off project worth $50k. But if your long-term clients are paying you $10k per month, the big one-off client may not be worth the time. It's all about opportunity cost. Remember, when you say yes to one thing, it means saying no to something else. Make smart choices about the value of your time, and remember bigger projects don't always mean better projects.

    And it's about more than just basic math. If the client is going to cause you headaches or disrupt your agency culture, learn to say no! There are more reasons to turn a client down than there are to accept one.

    Should You Spend Time on Neutral Tasks?

    Are you wondering how much time to focus on systems and how much time to focus on clients? Try this trick: create a list.

    Grab a piece of paper and make three columns. In column one, list all of the value positive tasks you have. In column two, list all of the value negative tasks you have. And in column three, list all of the neutral tasks you have (those tasks that aren't really positive or negative.) Then, take everything in the latter two columns, and delegate or automate it.

    As owner, you should only be focused on positive value tasks. Most of the time, you'll find there's not much client work on the list. The bigger you grow, the faster you may need to start moving towards business-side tasks.

    Looking for a Payroll and HR Solution for your Agency?

    Payroll and benefits are hard. Especially when you're a small business. Gusto is making payroll, benefits and HR easy for small businesses. You no longer have to be a big company to get great technology, great benefits and great service to take care of your team.

    For a limited time, Gusto is offering a deal to Smart Agency Master Class listeners. Check out Gusto.com/agency for 3-months FREE once you run your first payroll with them.

    23 min
  • How to Deal with Agency Mergers and the New Partnerships That Result with Adam Williams

    Wondering if an agency merger is right for you? Curious how do those new partnerships work? And what do you do if they don't? Taking the leap with another agency can be a strategic move. Maybe you want to grow faster or combine skillsets. Whatever the reason is, here's everything you need to know about agency mergers.

    In today's episode, we'll cover:

    • Should your agency leverage the gig economy?
    • How to know if an agency merger is right for you.
    • #1 way to make agency partnerships work.
    • How to cope with agency partner problems.
    • How one small change can impact agency culture.

    Today, I talked with Adam Williams, CEO of Magneti — a branding and digital agency out of Colorado. Over the years, Adam has founded a variety of startups ranging from publishing to construction companies. When Adam decided to take the leap into the agency space, he was well-prepared for the business side, but he needed scale and some extra creatives on his side. He's here to share the story of why he decided to merge with another small agency to tackle some bigger clients.

    Should Your Agency Leverage the Gig Economy?

    The rise of the gig economy is massive for agencies. Are you worried your agency doesn't have the creative scale to capture big clients? You can leverage the gig economy to deliver those creatives. Are you worried onboarding costs are going to sink your agency? The gig economy can help you deliver at a fraction of the price.

    The secret is creating processes for external contractors to follow. Once you have the processes down, you can scale-at-will. Want to deliver a massive project for a new client? No problem! You can scale up with freelancers quickly and easily.

    Hiring freelancers is a no-brainer for most agencies. Just make sure you're hiring the right one!

    How to Know if an Agency Merger is Right for You

    There are a million reasons to merge your agency with another. You may be experiencing a growth spike that's forcing your business into new roles you need help developing. You could have a big client you need a little help with. You may want to grow super fast. Or you may even want to fulfill some agency responsibilities you're, well, not good at (like taxes, billing, or even HR.)

    The only way to know if a merger is right for you is to ask yourself some questions, like:

    • Does this agency offer services my clients need?
    • Do the owners have skillsets I don't have?
    • Does the agency have scalable processes we can adopt?
    • What does the agency's book of business look like?

    When you start answering those hard-hitting questions, the merger answer will smack you in the face.

    #1 Way to Make Agency Partnership Work

    If you do decide to merge, it could mean bringing on a few new partners. And this can be a serious pain if you're not ready. How do you make it work? And how do you prevent bad partnerships from tearing your agency apart? Here's the secret — it's all about empathy.

    You have to care about the person on the other side of the table. When you're making agency decisions, think, "how would this impact my partner's family?" Make it personal. Because let's be honest. Sometimes, we get angry at our business partners. It's natural. But you always have to dig deep and remember who they are as a person and why you ventured into business together, to begin with.

    You can get mad at each other -- but you have to respect one another enough to be empathetic. But, what do you do if it just really isn't going to work?

    How to Cope With Agency Partner Problems

    Is your partnership just not going to work out? It's ok! You don't have to explain. But you do have to break up with them.

    At this point, the only question you have to ask is, "who's buying out whom?" If you want to remain in the driver's seat, you have to execute a successful buyout. Here's the thing. If you were empathetic during your entire partnership, this part is probably going to be easier than you think. Make sure everyone walks away happy, don't let it impact your day-to-day work, and smile when you're done.

    How One Small Change Can Impact Agency Culture

    Sometimes, having agency rules can disorient workers. Your team needs guidance and structure, but not a list of rules to follow. If you have a giant paper filled with rules hanging in your break area, it may be time to rethink your strategy. Your agency culture should create rules without having to write them down.

    Check this out -- Adam's agency only has 3 rules:

    1. Over-communicate.
    2. Nail the details.
    3. Have fun!

    Those three simple things capture so many different little things. They're easy for team members to remember, and they're rules that have scale.

    Looking for a Payroll and HR Solution for your Agency?

    Payroll and benefits are hard. Especially when you're a small business. Gusto is making payroll, benefits and HR easy for small businesses. You no longer have to be a big company to get great technology, great benefits and great service to take care of your team.

    For a limited time, Gusto is offering a deal to Smart Agency Master Class listeners. Check out Gusto.com/agency for 3-months FREE once you run your first payroll with them.

    23 min
  • Are Your Agency Operations Hindering Growth? With Clint Cobia

    Have you been using the same set of processes for years? When's the last time you updated your SOP's? Old, tired processes could be hindering agency growth. If you're feeling stuck it could be an Operations issue. Sales and marketing can get you clients, but stellar operations is what sets you apart - or not. Don't focus on leads; focus on processes. That's the secret to rapid growth.

    In this episode, we'll cover:

    • How to scale with better agency operations.
    • How to level-up your agency every year.
    • Stop being scared to scale your agency.

    Today, I talked with Clint Cobia who is the COO of 98 Buck Social — a social media management agency. Clint is an ops man at his core. Over the past few years, his agency has exploded due to his focus on creating the right processes and breeding superior Ops practices. He's on the show to share ways to do better with Ops so you can grow your agency.

    How to Scale With Better Agency Operations

    Scaling up is all about hiring, firing, and processes. Those processes define your agency. If you can't produce repeatable work, you're working 10x as hard for half the return.

    Ask yourself these questions:

    • Do my employees know what do to every day when they get to work?
    • Do I use time as a measure of success or processes?
    • Does everybody in the agency know their roles in the bigger scheme?
    • Is my creative side and sales side systematic?

    Clint says if the answer to any of those is no, you have a problem! So, hire an Ops Manager or start developing some in-house processes. Use your Ops to create an unfair advantage over the competition because it's not going to create itself.

    How to Level-Up Your Agency Every Year

    Having an agency with 10 employees is vastly different than having one with 20. Agencies have levels. These levels aren't set in stone, but you can pretty much guarantee that if you're growing at a healthy pace, you're going to level up at least once a year. You can't use the same processes with a team of 20 that you used with 10 employees.

    The key is to completely strip everything down and reinvent your processes annually. It may sound like a pain, but it saves time and stress in the long run.

    Stop Being Scared to Scale Your Agency

    Agency owners are notoriously hungry. We want to grow bigger, faster and more aggressively. But we're also notoriously scared of growth. Don't believe me? Let me ask you a question — do you know what's holding you back? Clint believes most of us do.

    Chances are, you do too. You know you need to hire a salesperson. You realize you need better processes. And, you aware you should definitely drop that problem client. Whatever it is — you know it but you haven't done it yet, have you?

    Why? Because you're scared of growth!

    Whether it's because you're too comfortable right now or you're scared growing because the next level is too complicated and risky, something is holding you back. But you shouldn't be scared...

    Growth is really just another word for agency evolution. If you're doing things right, it's bound to happen.

    I believe growth is a conscious choice. And it is. But so is sitting in limbo. You probably know what needs to be done. You just haven't done it yet.

    Here's my challenge for all of you today. Get up and go do the thing you know is holding you back. Hire that salesperson, get an Ops Manager, or fire that client. Whatever it is that you've been putting off — go do it.

    Looking for a Payroll and HR Solution for your Agency?

    Payroll and benefits are hard. Especially when you're a small business. Gusto is making payroll, benefits and HR easy for small businesses. You no longer have to be a big company to get great technology, great benefits and great service to take care of your team.

    For a limited time, Gusto is offering a deal to Smart Agency Master Class listeners. Check out Gusto.com/agency for 3-months FREE once you run your first payroll with them.

    18 min

About Smart Agency Masterclass with Jason Swenk: Podcast for Digital Marketing Agencies

From the publisher's feed

Growing an agency is very difficult, and you might feel unclear what to do next in order to grow and scale your agency. The Smart Agency Masterclass is a weekly podcast for agencies that are wanting…

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